Exchange Rate Fluctuations and Trade Flows : Evidence From the European Union /
This paper analyzes the effects of exchange rate volatility on bilateral trade flows. Through use of a gravity model and panel data from western Europe, exchange rate uncertainty is found to have a negative effect on international trade. The results seem to be robust with respect to the particular m...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Серии: | IMF Working Papers; Working Paper ;
No. 1998/107 |
| Online-ссылка: | Full text available on IMF |